Forex Trend Analysis Report
Prepared for you on Monday, March 8, 2021.
Swedish Krona/Swiss Franc (FOREX:SEKCHF)
Long-Term Uptrend (+90) - SEKCHF is in a strong uptrend that is likely to continue. While SEKCHF is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid SEKCHF?
MarketClub looks at technical strength and momentum to determine if the timing is right for SEKCHF.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SEKCHF
The long-term trend has been UP since May 29th, 2020 at 10.18240
The intermediate-term trend has been UP since Feb 8th, 2021 at 10.74430
The short-term trend has been UP since Mar 2nd, 2021 at 10.89795
Smart Scan Analysis for SEKCHF
Based on our trend formula, SEKCHF is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).